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are an economy that is driven by consumer demand. i cannot think of anything that would be more guaranteed to put the economy in a recession than increasing the price of all goods and services that we purchase by 20-25%. >> host: we'll give brad on twitter the last word here. he says negotiate and simplify, let the republicans lower taxes and get rid of the amt. john buckley, thank you for your help this morning in helping us try to understand the alternative minimum tax, appreciate it. >> guest: okay, good. >> in a few moments, a discussion of house spending cuts in the so-called fiscal cliff. in a little less than an hour, more about the fiscal cliff with republican representative tom cole from oklahoma. then the head of fema testifies on capitol hill about the government's response to hurricane sandy. and later, senate debate on the u.n. treaty for the disabled. ♪ ♪ >> this weekend on c-span3's american history tv, follow harry truman easeleddest grandson to hiroshima as the city prepared to mark the bombing of the city in 1945. >> you know, everybody has their own view what happened, and
for the workplace. we are not going to be the world's most innovative economy. second, in some ways, more surprising for me, it was brought to us by the former chief of secretary of the army, who talked about the problems in our education system and the relationship to the armed forces. the inability of some 70% of americans actually qualified for service in the armed forces ought to be a red flag for anyone. now, yes, there are other reasons for that. incarceration, obesity, but a fair amount of it is that the people can't pass the basic skills test to get into the military. so just imagine a country -- a developed country, a powerful country in the world. and we can't get the basic tasks. analyzing data secretary of state is realizing how few people how -- how they learn foreign languages, the fact that we don't have people who are prepared to go into the intelligence agency and we are lobbying ourselves appellate in literally the national security infrastructure of the country. so most importantly, it is a tragedy that people will not be prepared for a good job and will therefore have nowhere els
needing to refinance, has been crucially important to ensuring that the economy has started to heal and that he housing market has begun to heal, and without fha, a clearly we would be in a much more difficult situation in terms of the housing recovery than we are today. one slide i do want to show, and i don't know if it shows in color there very well -- is on this point of our market share and what we did and when we did it. and the reason this is important is, fha really had very low market share prior to the crisis. what happened during the crisis was a lot of-what should would call, reckless lending, subprime lending, fha didn't go there. the reason we had low market share is many people being sucked into the subprime mortgages during that period of time, and fha was still requiring 30-year, fully documented, fully amortizing loans, and so when people could go somewhere else, they did. what happened -- and it's probably hard to see for some of you but starting in 2007, 2008, if you look at the whether you -- blue bars, those are refinancing. what happened is as the market -- pr
headquarters in football stadiums although for the economy. it's usually where i get fed up. what if you guys done? [inaudible] >> yet, soccer. so they say that cheney spoke a foot stadium. what has america done for us? i will admit in a pillowcase comment i was frustrated by that and say americans invent and how thick dignities and education and the fact that there are young people alive to watch football is largely because of the people of the united states. that's kind of her difference. we've chosen a path of investment, human capital. it pays off in the long term rather than the immediacy of a football stadium. we've seen over the past several years 30 plus% decline in hiv/aids. that's not exclusively in the united states feared where the largest contributor to the end is something we should be proud of. it's huge that people in africa have that. >> last weekon monday or senator kirsten gillibrand delivered testimony on the hill and told stories of families who lost children to hurricane cindy. those hit hardest by the film testified by the senate environment and public works committee.
-americanism. because of what does happen in the global economy. let's marry those two things. recognize the states powerful country that should not be a basis of resentment. it should be a basis of our pride and the importance of the relationship we share. we have tried to project that you to canadians and i think canadians are embracing that. they can celebrate the anniversary of the war of 1812. celebrating our history and at the same time recognizing the great reyes -- relationship that has come out of that part of history. that is what we're trying to do in this country. i think canadians are embracing back. my only complaint -- we always like to have more attention in the united states. we pay a lot of attention to you. he sometimes did not pay enough attention to us. the squeaky wheel gets the grease. we are not a squeaky wheel. we recognize the united states has obligations and responsibilities that are global. to the extent -- we can do what we can be helpful in that role. >> we will and on one thing. we talked about american pop culture. there is a picture of you from a trip to the uk. yo
Search Results 0 to 4 of about 5